subsidiary

(noun)

A company owned by a parent company or holding company.

Related Terms

  • parent company
  • division

Examples of subsidiary in the following topics:

  • Divisional Structure

    • In this form, one parent company owns subsidiary companies, each of which uses its brand and name.
    • In the multidivisional structure, subsidiaries benefit from the use of the brand and capital of the parent company.
  • Communicating Organizational Culture

    • Corporate culture is used to control, coordinate, and integrate company subsidiaries.
  • Developing Leadership Skills

    • For top managers, the CEO leads some of the training; the CEO also reviews performance evaluations for high-potential managers during site visits to the various subsidiary divisions.
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